| For those who think the rich should pay more tax 11:43 - Oct 9 with 5121 views | pencoedjack |
https://www.bbc.co.uk/news/articles/cqlvggr9qz5o
The IFS said the Treasury needed to be aware that a small number of this super-rich group leaving the country would create a "relatively big hole in its finances”.
It's pretty obvious really. |  | | |  |
| For those who think the rich should pay more tax on 12:45 - Oct 9 with 3278 views | controversial_jack |
Let them go, someone else will take their place |  | | |
| For those who think the rich should pay more tax on 13:39 - Oct 9 with 3239 views | pencoedjack |
Indeed. | | | |
| For those who think the rich should pay more tax on 14:42 - Oct 9 with 3183 views | Boundy |
| For those who think the rich should pay more tax on 12:45 - Oct 9 by controversial_jack |
Let them go, someone else will take their place |
How do you work that out, there's not a definitive list of wealthy people companies nor a waiting list . | |
| "In a free society, the State is the servant of the people—not the master." |
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| For those who think the rich should pay more tax on 14:50 - Oct 9 with 3176 views | onehunglow |
| For those who think the rich should pay more tax on 14:42 - Oct 9 by Boundy |
How do you work that out, there's not a definitive list of wealthy people companies nor a waiting list . |
Welcome back
You must know now how Jesus felt as he walked into the wilderness
Blessed be
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| For those who think the rich should pay more tax on 15:58 - Oct 9 with 3134 views | SullutaCreturned |
I think the laws around corporation tax need changing so that every pound earned in the UK pays its tax in the UK. It should be the law that they have to have a UK head office or don't bother coming here.
If there's a succesful business they will either do it or not but if they don't it leaves the door open for a UK entrepreneur to start up.
Too many global corporations pay hardly any tax in the UK. | | | |
| For those who think the rich should pay more tax on 16:01 - Oct 9 with 3133 views | AnotherJohn |
| For those who think the rich should pay more tax on 14:42 - Oct 9 by Boundy |
How do you work that out, there's not a definitive list of wealthy people companies nor a waiting list . |
I suppose that our friend reasons there are many wealthy rentiers who own multiple properties and can fill the taxation receipts hole that will be left. He will be at the front of the queue.  | | | |
| For those who think the rich should pay more tax on 16:20 - Oct 9 with 3112 views | pencoedjack |
| For those who think the rich should pay more tax on 15:58 - Oct 9 by SullutaCreturned |
I think the laws around corporation tax need changing so that every pound earned in the UK pays its tax in the UK. It should be the law that they have to have a UK head office or don't bother coming here.
If there's a succesful business they will either do it or not but if they don't it leaves the door open for a UK entrepreneur to start up.
Too many global corporations pay hardly any tax in the UK. |
Global companies have far smarter people working for them than the UK government.
Although I do agree with you. | | | |
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| For those who think the rich should pay more tax on 16:24 - Oct 9 with 3108 views | pencoedjack |
| For those who think the rich should pay more tax on 14:42 - Oct 9 by Boundy |
How do you work that out, there's not a definitive list of wealthy people companies nor a waiting list . |
It's similar to people (Kilkenny) who claimed that when the Senedd had taxation powers (God forbid), wealthy people should pay higher taxes than in England.
It never occurred to them they would move out of Wales to England. | | | |
| For those who think the rich should pay more tax on 16:26 - Oct 9 with 3105 views | SullutaCreturned |
| For those who think the rich should pay more tax on 16:20 - Oct 9 by pencoedjack |
Global companies have far smarter people working for them than the UK government.
Although I do agree with you. |
I don't think that's the real problem. No the real problem is that politicians and corprations (the rich and powerful) are bedfellows.
Think back to when the government wanted to re-write tax laws. They went out and got specialist law firms to help them write the new laws. Turned out that those companies then knew all the loopholes for their rich clients, they knew them because they had inserted them into the laws.
It was crooked as hell and it hasn't been changed. That didn't happen because the politicians weren't bright enough, no it happened because they were complicit. | | | |
| For those who think the rich should pay more tax on 16:29 - Oct 9 with 3100 views | pencoedjack |
| For those who think the rich should pay more tax on 16:26 - Oct 9 by SullutaCreturned |
I don't think that's the real problem. No the real problem is that politicians and corprations (the rich and powerful) are bedfellows.
Think back to when the government wanted to re-write tax laws. They went out and got specialist law firms to help them write the new laws. Turned out that those companies then knew all the loopholes for their rich clients, they knew them because they had inserted them into the laws.
It was crooked as hell and it hasn't been changed. That didn't happen because the politicians weren't bright enough, no it happened because they were complicit. |
You could be right but I am well aware of items manufactured in Wales having the final part of the process (for example part of the packaging) put on in another country to avoid tax. | | | |
| For those who think the rich should pay more tax on 16:40 - Oct 9 with 3083 views | SullutaCreturned |
| For those who think the rich should pay more tax on 16:29 - Oct 9 by pencoedjack |
You could be right but I am well aware of items manufactured in Wales having the final part of the process (for example part of the packaging) put on in another country to avoid tax. |
Oh it happened, I think it was Tony Blairs government who used tax lawyers.
theguardian.com/business/2024/apr/05/starbucks-paid-7-point-2m-in-uk-corporation-tax-despite-gross-profit-of-149m#:~:text=However%2C%20a%20spokesperson%20pointed%20to,tax%20rate%20of%2042.4%25.” | | | |
| For those who think the rich should pay more tax on 16:46 - Oct 9 with 3075 views | felixstowe_jack |
| For those who think the rich should pay more tax on 16:24 - Oct 9 by pencoedjack |
It's similar to people (Kilkenny) who claimed that when the Senedd had taxation powers (God forbid), wealthy people should pay higher taxes than in England.
It never occurred to them they would move out of Wales to England. |
I think he wants all the weathly people to move from Wales to England. They don't vote for Labour or PC. | |
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| For those who think the rich should pay more tax on 17:20 - Oct 9 with 3043 views | onehunglow |
| For those who think the rich should pay more tax on 16:24 - Oct 9 by pencoedjack |
It's similar to people (Kilkenny) who claimed that when the Senedd had taxation powers (God forbid), wealthy people should pay higher taxes than in England.
It never occurred to them they would move out of Wales to England. |
No rich people on Wales mun | |
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| For those who think the rich should pay more tax on 17:53 - Oct 9 with 3014 views | felixstowe_jack |
| For those who think the rich should pay more tax on 17:20 - Oct 9 by onehunglow |
No rich people on Wales mun |
How can they pay more tax then if they are not rich? | |
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| For those who think the rich should pay more tax on 17:54 - Oct 9 with 3013 views | controversial_jack |
| For those who think the rich should pay more tax on 14:42 - Oct 9 by Boundy |
How do you work that out, there's not a definitive list of wealthy people companies nor a waiting list . |
Someone always steps up | | | |
| For those who think the rich should pay more tax on 19:29 - Oct 9 with 2963 views | SullutaCreturned |
| For those who think the rich should pay more tax on 17:53 - Oct 9 by felixstowe_jack |
How can they pay more tax then if they are not rich? |
Well that's easy, the government raises the tax rates! | | | |
| For those who think the rich should pay more tax on 20:44 - Oct 9 with 2904 views | Dr_Winston |
It is a long established and well known economic fact that punitive tax rates are ultimately counter productive, but Socialists simply don't understand economics anyway. If they did then they wouldn't be Socialists.
Tax rates should be set at a level that encourages people to relocate to the UK and pay taxes here, not drive them away so the working classes have to pay more to fill the gap. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| For those who think the rich should pay more tax on 23:14 - Oct 9 with 2818 views | Kilkennyjack |
Tax the rich until the pips squeak ….. |  |
| Beware of the Risen People
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| For those who think the rich should pay more tax on 09:41 - Oct 10 with 2733 views | Whiterockin |
| For those who think the rich should pay more tax on 23:14 - Oct 9 by Kilkennyjack |
Tax the rich until the pips squeak ….. |
At what point would you classify someone as rich enough to be taxed until the pips squeak. |  | | |
| For those who think the rich should pay more tax on 10:00 - Oct 10 with 2697 views | controversial_jack |
| For those who think the rich should pay more tax on 20:44 - Oct 9 by Dr_Winston |
It is a long established and well known economic fact that punitive tax rates are ultimately counter productive, but Socialists simply don't understand economics anyway. If they did then they wouldn't be Socialists.
Tax rates should be set at a level that encourages people to relocate to the UK and pay taxes here, not drive them away so the working classes have to pay more to fill the gap. |
What's the point of having rich people here if they aren't paying their fair share?
I don't think high tax rates has harmed the Scandinavian countries, but they spend it on social programmers and benefits for the people, unlike here | | | |
| For those who think the rich should pay more tax on 10:17 - Oct 10 with 2668 views | onehunglow |
| For those who think the rich should pay more tax on 23:14 - Oct 9 by Kilkennyjack |
Tax the rich until the pips squeak ….. |
And get the “poor”realise that the world doesn’t owe them a living and that that they don’t need babies to get benefits
Then encourage the vast majority who graft here for a living by treating them with respect. | |
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| For those who think the rich should pay more tax on 11:58 - Oct 10 with 2585 views | raynor94 |
| For those who think the rich should pay more tax on 23:14 - Oct 9 by Kilkennyjack |
Tax the rich until the pips squeak ….. |
Policy of envy is alive and well, let's hope this Labour government carries out his promise of getting the workshy and serial claimants into work |  |
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| For those who think the rich should pay more tax on 14:56 - Oct 10 with 2502 views | Whiterockin |
| For those who think the rich should pay more tax on 10:17 - Oct 10 by onehunglow |
And get the “poor”realise that the world doesn’t owe them a living and that that they don’t need babies to get benefits
Then encourage the vast majority who graft here for a living by treating them with respect. |
There is a saying used by those more financially fortunate than some. "I can afford to live in the UK, but I can't afford to die here". | | | |
| For those who think the rich should pay more tax on 11:28 - Oct 11 with 2319 views | JACKMANANDBOY |
Henley and Partners, who advise wealthy people looking to move abroad say that business is up 100% this year in the UK with over 10,000 looking to relocate abroad. |  |
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